Taipei, Tuesday, March 31, 2015 20:37 (GMT+8)
mostly cloudy
Taipei
26°C
Digitimes Research: STC to expand sapphire ingot capacity
Jessie Lin, DIGITIMES Research, Taipei [Tuesday 1 October 2013]

With more and more smartphones and other portable devices adopting sapphire as cover glass, sapphire ingot vendor Sapphire Technology Company (STC) is looking to double its production capacity to meet the anticipated growth in demand, according to Digitimes Research.

STC plans to invest a total of KRW20 billion (US$18.65 million) to double the current capacity of 1.37 million mm a month, said Digitimes Research. After the capacity expansion, STC's share of the global sapphire ingot market is expected to reach 30% from 10% in 2012, Digitimes Research indicated.

STC's sapphire ingots have already been adopted by Apple for camera lenses and home button for the iPhones, and by Samsung Electronics and LG for LED sapphire substrates and handset-use camera lens cover, Digitimes Research noted. STC stands a good chance of grabbing more orders from these existing customers, Digitimes Research said.

In addition, STC has enjoyed growth in its production utilization rates and rising sapphire ingot prices. STC is expected to utilize more than 80% of its production capacity in the fourth quarter, while the average selling price (ASP) for 2-inch sapphire ingots is set to exceed US$4, Digitimes Research pointed out.

Digitimes Research forecasts that STC's revenues will top KRW41.5 billion in the second half of 2013, up from KRW13.7 billion in the first half of the year and KRW22.1 billion in second-half 2012.

This article is an excerpt from a Digitimes Research Special Report (STC to expand sapphire ingot capacity). Visit our latest Special reports.

Realtime news
  • Neo Solar Power installs double-glass N-type BiFi PV modules in Japan

    Before Going to Press | 9min ago

  • China market: Xiaomi unveils 5 new products

    Before Going to Press | 10min ago

  • Foxconn scores points in automating production in eastern China

    Before Going to Press | 13min ago

  • Foxconn to not engage in production, marketing of electric vehicles

    Before Going to Press | 14min ago

  • Genesis Photonics develops automotive flip-chip high-power LED lighting solution

    Before Going to Press | 15min ago

  • HTC to unveil new HTC One family products in April in Beijing

    Before Going to Press | 17min ago

  • Novatek obtains TV chip orders from Japan- and Korea-based brand vendors

    Before Going to Press | 18min ago

  • Micron raises NAND flash quotes

    Before Going to Press | 18min ago

  • ASE to deal out cash dividend of NT$2 for 2014

    Before Going to Press | 19min ago

  • Philips to sell majority interest in combined LED components and automotive lighting business to GO Scale Capital

    Before Going to Press | 20min ago

  • Samsung expected to delay a second round of investment for expanding flexible display

    Before Going to Press | 20min ago

  • Digitimes Research: Lenovo to fall short of 10 million smartphone shipments in 1Q15

    Before Going to Press | 21min ago

  • E Ink reports 2014 revenues

    Before Going to Press | 40min ago

  • Taiwan plastic chassis makers reducing capacities

    Before Going to Press | 41min ago

  • BYD posts revenues of CNY7.251 billion from new energy-based cars

    Before Going to Press | 43min ago

Pause
 | 
View more

High-brightness LED market trends and forecast, 2015

RESEARCH EXTRAS | Mar 16, 17:50

Digitimes Research forecasts that in 2015, the global high-brightness (HB) LED industry will have annual growth of 7.5% in terms of output, reaching US$13.7 billion. The total number of LEDs used will reach 186 billion units, representing annual growth of 32.6%,...

2015 China IC design market forecast

RESEARCH EXTRAS | Jan 23, 10:50

Global economic growth is forecast to reach 3.8% in 2015, up from 3.3% in 2014. From the perspective of the electronics industry though, PC shipments will continue to decline, smartphone shipment growth will drop, and tablet shipments may decline. Despite the...

Taiwan large-size LCD panels – 4Q 2014

TAIWAN LCD PANEL | Feb 17, 11:23

Taiwan-based makers saw their large-size TFT LCD panel shipments increase on year in fourth-quarter 2014, driven largely by demand for TV applications. But they are facing growing competition from China-based and Korea-based makers who are ramping up new production...

Taiwan LCD TVs – 4Q 2014

TAIWAN DISPLAY SYSTEM | Feb 17, 11:07

Taiwan's LCD TV makers saw significant increases in shipments in the fourth quarter of 2014 thanks to strong seasonal demand, as well as Foxconn's shipments to Mexico to fulfill government procurement orders.

Taiwan small- to mid-size LCD panels – 4Q 2014

TAIWAN LCD PANEL | Feb 16, 15:11

Major Taiwan-based suppliers of small- to medium-size LCD panels changed their production strategies in fourth-quarter 2014 as the industry entered the slow season amid sluggish demand for smartphone applications and rising competition from China-based rivals...

2015 global notebook demand forecast
Trends and forecasts for the China FPD industry, 2014-2017
Greater China touch panel shipment forecast through 2015
  • Wireless broadband developments in Southeast Asia markets

    As of 2013, the 10 ASEAN nations had a total of over 700 million mobile subscriptions, with the CAGR from 2003-2013 reaching 24%. This Digitimes Research Special Report analyzes the various mobile broadband markets in ASEAN and looks at the respective trends in 4G LTE development for those markets.

  • 2015 global tablet demand forecast

    This Digitimes Research Special Report provides a 2015 forecast for the global tablet market and analyzes the strategies of key market players such as Google, Apple, Intel, and Microsoft.

  • 2015 China smartphone panel trend forecast

    This Digitimes Research Special Report analyzes the strategies of key China-based major panel makers BOE, Tianma and IVO for attacking the different market segments through technology and pricing, and their relationship to local vendors Huawei, Lenovo, ZTE, Xiaomi and Coolpad.